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MONTHLY REPORT
May 2011
Management Division
HR MONTHLY REPORT
May 2011
Engaged Projects This Month
Recruitment1
Training2
Other activities3
HR information update4
RECRUITMENT UPDATE
Head office & HCMC branch
Agency planning 01
Training center 01
HR 01
GA 01
Total 04
Hanoi branch
Training center 02
Service center 01
BDO 02
Total 05
Danang branch
BDO 01
Total 01
Cantho branch
BDO 02
Total 02Total: 12 new comers
Training
1. Technical training courses from parent company
No. Request division Training course name Facilitator
1
IT
DB2 System Performance, Tuning and Problem solving Trainer from parent company
2 Network system Design, Routing and Security Trainer from parent company
3 The Introduction of Investment Product System Trainer from parent company
4 Policy admin Medical knowledge of insurance fields - claim & UW Trainer from parent company
5Finance and Accounting
Reserve calculation Planning div. in Vietnam
6 Relationship between actual premium collection and PFYP. Planning div. in Vietnam
Training
2. Apply training program for new comers during first 03 months in branches
No Detail In charge
1 HR dept. send guidance email and material to CRD HR dept.
2
Conduct the training courses:1.Orientation training2.Functional training3.Basic life insurance training
CRD &Training center at branches
3 Follow up the training schedule and attendance HR dept.
Effective time: May 01, 2011
No. BranchAccumulat
ed rank
1 Haiphong Branch 12 Dongnai Branch 2
3 HCM Brach 3
4 Cantho Branch 4
5 Danang Branch 5
6 HN Branch 6
OTHER ACTIVITIES
1. Competition regarding to stipulating company regulation – Result update as of May 20, 2011
No.Department /
DivisionAccumulat
ed rank
1 IT 12 Policy Admin 2
3HR, Legal & GA and Internal Auditing
3
4 Marketing 4
5 Acc, Fin & Investment 5
6 Planning 6
OTHER ACTIVITIES
2. Adjust parking allowance for employees working as the World Center building: Based on the actual price of parking fee around The World
Center building. Adjust the monthly parking allowance:
VND120,000 VND160,000 Effective time: May 01, 2011
OTHER ACTIVITIES
3. 2010 tax finalization: Submit all requested document for 2010 tax finalization to tax
authority. Get the confirmation from tax authority for 2010 tax
finalization. Planned tax refund to employees: May 30, 2011
OTHER ACTIVITIES
4. LOMA examination Number of students: 03 students Number of taken credits: 05 credits Examination date: May 10 & 11, 2011 The result will be noticed in June 2011
Due to the number of student taking the LOMA examination is only a few. Division director / manager please encourage your staff to take LOMA examination.
HR INFORMATION UPDATE
In terms of the Decree No. 22/2011/NĐ-CP issued by Government on April 04, 2011 providing the stipulation of new minimum wage of salary.
Old New
Minimum wage of salary VND730,000 VND830,000
Old New
Maximum SI salary(20 times of minimum wage of salary)
VND14,600,000 VND16,600,000
Effective time: May 01, 2011
NEXT MONTH PLAN
Recruitment1
Review and revise some company regulations2
Other activities3
13
MONTHLY REPORT IN MAY, 2011MONTHLY REPORT IN MAY, 2011GA DepartmentGA Department
14
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
A.A. Office Building InformationOffice Building Information1. Can Tho Agency office1. Can Tho Agency office - Finish construction and decoration- Finish construction and decoration
15
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
A.A. Office Building InformationOffice Building Information1. Can Tho Agency office1. Can Tho Agency office - Finish construction and decoration- Finish construction and decoration
16
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
A.A. Office Building InformationOffice Building Information2. Dong Nai office:2. Dong Nai office: - Equipped and installed a generator for Training room’s - Equipped and installed a generator for Training room’s
light system and devices to be smoothly operated light system and devices to be smoothly operated when electricity cut off .when electricity cut off .
17
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
B.B. Office Rental Charge Adjustment :Office Rental Charge Adjustment :1.1. Da Nang office :Da Nang office :
Rental Area & location
Current rental
Rental after adjustment
Rental Reduced
SCB Danang – 5th FL(380 m2)
3,800 usd/mth 3,610 usd/mth(Effective from Apr.01,2011)
190 usd/mth
SCB Danang – 6th FL(140 m2)
1,400 usd/mth 1,330 usd/mth(Effective from
Jan.01,2012)
70 usd/mth
TOTAL 5,200 usd/mth 4,940 usd/mth 260 usd/mth
18
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
B.B. Office Rental Charge AdjustmentOffice Rental Charge Adjustment2. N’orch office :2. N’orch office : Current rental charge: 30.80 USD/mCurrent rental charge: 30.80 USD/m2 2 (incl. Service &Tax) (incl. Service &Tax) New rental charge : asked the Landlord to reduce based New rental charge : asked the Landlord to reduce based
on the current market situationon the current market situation Status : Official letter sent to N’orch Landlord on Apr.28, Status : Official letter sent to N’orch Landlord on Apr.28,
2011 for asking them to reduce rental charge. Keep 2011 for asking them to reduce rental charge. Keep following up the feedback. following up the feedback.
19
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
C.C. Uniform Service RenewalUniform Service Renewal
Current situation : Lee Phuong for staffs, Han Minh for Current situation : Lee Phuong for staffs, Han Minh for agenciesagencies
New situation: Suggest Lee Phuong for both staffs and New situation: Suggest Lee Phuong for both staffs and agencies (Han Minh will be stopped because of frequent agencies (Han Minh will be stopped because of frequent delivery delay)delivery delay)
Uniform Policy will be slightly adjustedUniform Policy will be slightly adjusted
20
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
D.D. Assets Inventory (1Assets Inventory (1st st half of 2011) half of 2011) - Finish : Ha Phan office, Binh Thanh office Finish : Ha Phan office, Binh Thanh office - On the process : On the process :
Finish checking, summarizing and wait for Finish checking, summarizing and wait for handing-over: Dong Nai office, Ha Noi offices, Can handing-over: Dong Nai office, Ha Noi offices, Can Tho officesTho offices
Checking :The World Center, N’orch officeChecking :The World Center, N’orch office- Planning : Danang office, Hai Phong officePlanning : Danang office, Hai Phong office
21
NEXT MONTH PROJECT (GENERAL AFFAIRS)
SunSatFriThursWedTuesMon
May 2011
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22212019181716
1514131211109
8765432
1302928272625
Contents
Terms and Conditions
Legal Counsel
Legal Newsletter
Terms & Conditions
WHOLE LIFE UNIVERSAL LIFE - ADVANCE
WHOLE LIFE UNIVERSAL LIFE - BASIC
I01 I02 I03 I04
TERM UNIVERSAL LIFE - ADVANCE
TERM UNIVERSAL LIFE - BASIC
Legal Counsel
Company’s regulationsCompany’s regulations
In progress
Anti Money Laundering Regulation(F/A Dept.)
Internal Audit
Regulation(Audit Dept.)
Commitment for long
term service(HR Dept.)
Legal CounselMembers’ Council
Meeting (for financial
statement of 2010)
Legal Compliance (1st time of
2011)
Charter (2nd time of
adjustment)
Legal Counsel
Legal News
Decision 732/QĐ-TTg of Prime Minister dated 17 May 2011 on reform tax system of Vietnam period 2011 - 2020
Specific targets:
-Till 2015: Top 5 in South-East on tax advantage
-Till 2020: Top 4 in South-East on tax advantage
Legal News
Decision 732/QĐ-TTg of Prime Minister dated 17 May 2011 on reform tax system of Vietnam period 2011 - 2020
Main contents of tax reform:For CIT tendency: decreasing step by step
For PIT: adapt international practice
Business Tax was changed into management expense for the enterprise’s operation;
This Decision has just become into valid from 17 May 2011.